522 21 Avenue

0.07 Acre - Calgary, Alberta T2m 1J7

Development Description

Unique, character, multi suite 1 1/2 story house on 25 foot lot close to city center with 7 self contained bachelor suites. Each suite has its own bathroom and kitchen with fridge, hotplate, and microwave. Wood or laminate and linoleum in all suites; no carpets. nNew roof and boiler in 2009. New hot water tank 2019. Sewer line to city replaced in 2011. New panel with 100 amp service in 2019. Hard wired smoke/CO2 detectors, fire extinguishers, fire rated drywall installed in basement mechanical room and hall. n Gross rents $52000, net $35,000, 7% cap rate on asking price. Traditional financing not available for this type of property. Seller will carry a mortgage for up to 3 years with 25% down. Illegal non conforming units.nRealtor has an interest in the property.

Information
Property Type : Commercial
Property Sub Type : Multi Family
Listing Type : Resale Listings
MLS® : A1186901
Price : C$479, 900
Year Built : 1912
Lot Area : 0.07 Acre
Community : Mount Pleasant
DOM : 72
Price Per SQFT : C$0
Zoning : R-C2
Features
Heating System : Natural gas, Boiler
Cooling System : None
Roof Type : Asphalt shingle
Parking : 2
Address Map
Location Text : Calgary,  Alberta T2m 1J7
Neighborhood : 55692
Additional Information
School District : 0
Street Dir Suffix : 0
Foundation : 0
Frontage Metres : 7.6
Co List Office Name : 0
Address Display : 0
Office Name : THE REAL ESTATE COMPANY
Agent Name : John Downey
Construction Materials : Stucco
Sewer : Public sewer
Street Direction : Se
Mls Status : Active
Standard Status : Active
Strata Maint Fee : C$0
Importer Addon
Gross Taxes : C$0
Property Analytics
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Commercial Multi Family
  • MLS® : A1186901
  • Lot Area : 0.07 Acre
  • Visits : 13 in 83 days
  • THE REAL ESTATE COMPANY
C$479,900
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